Types of Mutual funds
On the basis of Objective: Equity/Growth Schemes ( Diversified, Sector & Index Fund) Tax Saving Fund Debt/Income Fund Gilt Funds Balanced Funds
Types of Mutual funds
On the Basis of Flexibility
Open Ended Funds Close Ended Funds
Different Investment Options
Growth Plan (G) Dividend Plan (DP) Dividend Reinvestment Plan (DR)
Rights Available to the mutual fund Holder In India
Receive Unit certificates or statements of accounts confirming your title within 6 weeks from the date your request for a unit. Receive information about the investment policies, investment objectives, financial position and general affairs of the scheme.
Rights Available to the mutual fund Holder In India
Receive dividend within 42 days of their declaration and receive the redemption or repurchase proceeds within 10 days from the date of redemption or repurchase. The trustees shall be bound to make such disclosures to the unit holders as are essential in order to keep them informed about any information, which may have an adverse bearing on their investments.
Rights Available to the mutual fund Holder In India
75% of the unit holders with the prior approval of SEBI can terminate the AMC of the fund. 75% of the unit holders can pass a resolution to wind-up the scheme. An investor can send complaints to SEBI, who will take up the matter with the concerned Mutual Funds and follow up with them till they are resolved.
Fund Offer document
Investment objectives Risk factors and special considerations Summary of expenses Constitution of the fund Guidelines on how to invest Organization and capital structure Tax provisions related to transactions Financial information
Active Fund Management
Growth Investing Style: Objective of equity investment is to obtain capital appreciation. Value investment Style
Passive Fund Management
GROSS FUND MOBILISATION (RS. CRORES) FROM
TO
UTI
PUBLIC SECTOR
PRIVATE SECTOR
TOTAL
01-April-98
31-March-99
11,679
1,732
7,966
21,377
01-April-99
31-March-00
13,536
4,039
42,173
59,748
01-April-00
31-March-01
12,413
6,192
74,352
92,957
01-April-01
31-March-02
4,643
13,613
1,46,267
1,64,523
01-April-02
31-Jan-03
5,505
22,923
2,20,551
2,48,979
01-Feb.-03
31-March-03
*
7,259*
58,435
65,694
01-April-03
31-March-04
-
68,558
5,21,632
5,90,190
01-April-04
31-March-05
-
1,03,246
7,36,416
8,39,662
01-April-05
31-March-06
-
1,83,446
9,14,712
10,98,158